Legal information

No information contained within this website should be taken as providing any advice or as a recommendation to exercise or not to exercise your options or, having exercised, to sell or not to sell your shares - the choice is yours. If you are in any doubt as to the legal, financial or taxation implications (including any income tax, National Insurance liability, capital gains tax considerations and the collection of such taxes) for you on the exercise of options, and/or the subsequent sale of shares, or the suitability of NWS service, you should seek the advice of a qualified Independent Financial Adviser. Please remember that the price of shares, and the income from them, can go down as well as up, and that you may not recover the amount originally invested.

For more information on the taxation of share schemes, visit the HM Revenue and Customs website at www.hmrc.gov.uk/shareschemes.

Our services are not available to persons resident in the United States of America, Canada or any other jurisdiction where local laws prohibit the use of the services referred to in this website. If you are unsure what course of action you should take, you should seek advice from an appropriately qualified Independent Financial Adviser.

NatWest Stockbrokers Limited ("NWS") is a member of the London Stock Exchange and PLUS. NWS is authorised and regulated by the Financial Services Authority, registered number 124395. Registered Office: Premier Place, 2 1/2 Devonshire Square, London EC2M 4BA. Registered in England and Wales No. 1959479.

NWS is operated by a joint venture between The Royal Bank of Scotland Group plc and The Toronto-Dominion Bank.